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What is the office time of LIC?
Check New Life Insurance Corporation of India Working Hours, Key Date. Now, LIC has issued a notice stating that Life Insurance Corporation of India office hours will be from Monday to Friday. The new LIC office timings will be from 10 am to 5.30 pm starting May 10.
Is LIC closed on every Saturday?
LIC is a state-run insurance company under the ownership of Ministry of Finance. The LIC offices across the country will work on five days (Monday to Friday) every week. The offices will be closed for visitors on every Saturday and Sunday. The latest decision will benefit 1.14 lakh employees of the LIC.
You can apply for a card by visiting the LIC cards website. After linking LIC policy with your LIC credit card, the outstanding premium amount will be paid automatically after 25 days of the due date i.e, within the 30 days of the grace period. Using this, the life assured gets another 45 days to pay the bills.
Is LIC a 4th Saturday holiday?
2021, pursuant to Notification S.O. 1630(E) Dated 15th April 2021 wherein the CENTRAL GOVERNMENT has Declared Every Saturday as a Public Holiday for Life Insurance Corporation of India.”
Is LIC working day today?
The LIC offices across the country will work on five days (Monday to Friday) every week. The offices will be closed for visitors on every Saturday and Sunday. The latest decision will benefit 1.14 lakh employees of the LIC.
Is Saturday a bank holiday?
Banks remain open on the first and third Saturdays of every month. The RBI’s list of holidays falls into three categories. These are state-wise celebrations, religious holidays and festival celebrations.
In term insurance, failure to pay the premium before the due date results in the policy lapsing, which forfeits your insurance benefits and the premiums paid so far. The policy is still in force during the grace period, and if anything happens to the insured, the nominee would still be eligible for the benefits.
How many days before we can pay LIC premium?
30 days
Premium can be paid 30 days before the due date to till the policy is in force.
Is LIC working on 2nd Saturday?
A new list of Holidays for Life Insurance Corporation of India during the year 2020. The largest insurance organization in India, Life Insurance Company (LIC) offices will be closed on 2nd and 4th Saturdays, in case a month has 5 Saturdays. Usually, LIC offices are open on Saturdays up to lunch hour (Half working day).
Is 2nd Saturday holiday in LIC?
List of Life Insurance Company (LIC) Holidays 2020. The largest insurance organization in India, Life Insurance Company (LIC) offices will be closed on 2nd and 4th Saturdays, in case a month has 5 Saturdays. Usually, LIC offices are open on Saturdays up to lunch hour (Half working day).
Premium can be paid at the cash counter of any LIC Branch Office. Premium can be paid by CASH/CHEQUE/DD. Premium for ULIP policies can now be paid at any LIC Branch cash counter across the country. Payment of Premium by Cheque/Demand Draft(13.5 KB)
How to check the status of your LIC direct payment?
Click here for Frequently Asked Questions by Customer Portal User. 1 Go to www.licindia.in. 2 Click on Pay premium online. 3 Click on Pay Direct ( without login) 4 Click on “View transaction status” link. 5 Put your policy number, transaction date and type of payment (renewal prem. /adv. Prem. /loan) 6 Download the receipt by clicking on it.
How to check LIC Premium Collection status online?
Alternate Channels of Premium Collection for LIC policies. 1 Go to www.licindia.in. 2 Click on Pay premium online. 3 Click on Pay Direct ( without login) 4 Click on “View transaction status” link. 5 Put your policy number, transaction date and type of payment (renewal prem. /adv. Prem. /loan) 6 Download the receipt by clicking on it.
How to pay LIC renewal premium through Paytm App?
Renewal premium can be paid through Paytm App by clicking on the LIC logo under the Insurance category. To download LIC premium receipt on Paytm App, policyholder is requested to visit “My order” section on Paytm app, select the order and click on “Download Receipt”. No other receipt will be issued by LIC.